1 Chartered Public School Funding. Amend RSA 194-B:11, I(b) to read as follows:

(b)(1) Except as provided in subparagraph (2), for a chartered public school authorized by the state board of education pursuant to RSA 194-B:3-a, the state shall pay tuition pursuant to RSA 198:40-a, I, II, and II-a plus an additional grant of $2,036 for the Virtual Learning Academy Charter School and $3,036 for all other chartered public schools directly to the chartered public school for each pupil who is a resident of this state in attendance at such chartered public school. Beginning July 1, 2017 and every biennium thereafter, the department of education shall adjust the per pupil amount of the additional grant based on the average change in the Consumer Price Index for All Urban Consumers, Northeast Region, using the "services less medical care services'' special aggregate index, as published by the Bureau of Labor Statistics, United States Department of Labor 55 percent of the state average cost per pupil for public school pupils as calculated on July 1 each year, including any differentiated aid pursuant to RSA 198:40-a, I-II for which a pupil is eligible, directly to the chartered public school. The state shall pay amounts required pursuant to RSA 198:40-a, III directly to the resident district.

(2) For the Virtual Learning Academy Charter School authorized pursuant to RSA 194-B:3-a, the state shall pay tuition pursuant to RSA 198:40-a, I, II, and II-a plus an additional grant of $2,036 directly to the Virtual Learning Academy Charter School for each pupil who is a resident of this state in attendance at such chartered public school. Beginning July 1, 2017 and every biennium thereafter, the department of education shall adjust the per pupil amount of the additional grant based on the average change in the Consumer Price Index for All Urban Consumers, Northeast Region, using the "services less medical care services'' special aggregate index, as published by the Bureau of Labor Statistics, United States Department of Labor. The state shall pay amounts required pursuant to RSA 198:40-a, III directly to the resident district.

(3) For an online chartered public school which receives received its initial authorization to operate from the state board of education pursuant to RSA 194-B:3-a on or after July 1, 2013, the state shall pay tuition pursuant to RSA 198:40-a directly to the online chartered public school for each pupil who is a resident of this state in attendance at such chartered public school. In this subparagraph, "online chartered public school'' means a chartered public school which provides the majority of its classes and instruction on the Internet.

2 Effective Date. This act shall take effect 60 days after its passage.

1 Chartered Public School Funding. Amend RSA 194-B:11, I(b) to read as follows:

(b)(1) Except as provided in subparagraph (2), for a chartered public school authorized by the state board of education pursuant to RSA 194-B:3-a, the state shall pay 55 percent of the state average cost per pupil for public school pupils as calculated on July 1 each year, including any differentiated aid pursuant to RSA 198:40-a, I-II for which a pupil is eligible, directly to the chartered public school. The state shall pay amounts required pursuant to RSA 198:40-a, III directly to the resident district.

(2) For the Virtual Learning Academy Charter School authorized pursuant to RSA 194-B:3-a, the state shall pay tuition pursuant to RSA 198:40-a, I, II, and II-a plus an additional grant of $2,036 directly to the Virtual Learning Academy Charter School for each pupil who is a resident of this state in attendance at such chartered public school. Beginning July 1, 2017 and every biennium thereafter, the department of education shall adjust the per pupil amount of the additional grant based on the average change in the Consumer Price Index for All Urban Consumers, Northeast Region, using the "services less medical care services'' special aggregate index, as published by the Bureau of Labor Statistics, United States Department of Labor. The state shall pay amounts required pursuant to RSA 198:40-a, III directly to the resident district.

(3) For an online chartered public school which received its initial authorization to operate from the state board of education pursuant to RSA 194-B:3-a on or after July 1, 2013, the state shall pay tuition pursuant to RSA 198:40-a directly to the online chartered public school for each pupil who is a resident of this state in attendance at such chartered public school. In this subparagraph, "online chartered public school'' means a chartered public school which provides the majority of its classes and instruction on the Internet.

2 Effective Date. This act shall take effect 60 days after its passage.